H&h Evergreen Foundation
- Assets
- $2.5b
- Revenue
- -$33.9m
- Investments
- $2.4b
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 46-5066162
Organization Overview
H&h Evergreen Foundation is located in Menlo Park, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H&h Evergreen Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, H&h Evergreen Foundation has awarded 11 individual grants totaling $235,519,374. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yong Duan Director | 5 | $0 | |
Xiaoyun Zhu Director | 20 | $48,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,739,177 |
| Interest on Savings | $251,205 |
| Dividends & Interest | $13,847,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$67,768,352 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $73,672,343 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$33,930,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $113,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,367,811 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $291,326 |
| Total operating and administrative expenses | $6,823,406 |
| Contributions, gifts, grants paid | $179,770,765 |
| Total expenses and disbursements | $186,594,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,104,212 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,505,880,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,640 |
| Total liabilities | $3,640 |
Grants Awarded
Over the last fiscal year, H&h Evergreen Foundation has awarded $179,770,765 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF EAST PALO ALTO POLICE DEPARTMENT PURPOSE: CHARITY & PUBLIC SAFETY | $150,000 |
SALK INSTITUTE PURPOSE: MEDICAL & CHARITY | -$268,156 |
SCHWAB CHARITABLE (DONOR ADVISED FUND) PURPOSE: CHARITY | $160,504,921 |
GLIDE FOUNDATIO PURPOSE: CHARITY | $19,000,100 |
JUSTIN THOMAS FOUNDATION INC PURPOSE: CHARITY | $350,000 |
BING NURSERY SCHOOL STANFORD UNIVERSITY PURPOSE: CHARITY | $1,400 |